On Thursday, a report from Bloomberg citing sources familiar with the matter at hand, said, trade negotiations between the United States and China through phone calls could commence as early as next week. The call will include U.S. Trade Representative… Read More ›
According to the forecast of the European Commission, there will be a contraction of a record 7.7 per cent for the current year in the euro zone economy because of the economic impact of the novel coronavirus pandemic. The Commission… Read More ›
On Tuesday, the United States and Britain launched trade negotiations through videoconferencing following the UK’s exit from the European Union. Both countries, struggling to cope with the coronavirus pandemic are aiming to shore up domestic supply chains. These talks are… Read More ›
The coronavirus pandemic has pushed the euro zone economy to into a contraction by 3.8 per cent in the first quarter compared to the first quarter of last year. The pandemic has seeverly impacted business activity in the region. The… Read More ›
The International Labor Organization has warned that the economic impact of the coronavirus pandemic will put almost half the global workforce, equivalent to 1.6 billion people, in “immediate danger of having their livelihoods destroyed”. About 2 billion of the total… Read More ›
The Economic Sentiment Indicator (ESI), which is a key indicator for economic sentiments in both the European Union (EU) and the euro area plunged in April at the steepest rate of monthly decline ever recorded for the index, showed official… Read More ›
The United State economy – the largest of the world, has contracted to an extent that is the highest in a decade in the first quarter of the current year primarily because of the lockdown and the closure of businesses… Read More ›
Billionaire business tycoon and founder of the Virgin Group, Sir Richard Branson, has offer as collateral his luxury island resort to help get a bailout package for the stricken airline Virgin Atlantic from the United Kingdom government. He was seeking… Read More ›
In a statement, U.S. Trade Representative Robert Lighthizer said, he has notified Congress that the new U.S.-Mexico-Canada trade agreement will be effective from July 1 – a month later than initially planned. Both Canada and Mexico have taken necessary measures… Read More ›
The European Union has finalized the creation of fund that will be able to raise at least 1 trillion euros or $1.1 trillion which will be spent in supporting and helping EU’s regional economies that have been significantly damaged by… Read More ›
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